BTCUSD H8: 20% correction 17 500 USD BEST Level SHORT (SL/TP)

Why get subbed to me on Tradingview?

-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates

🎁Please hit the like button and
🎁Leave a comment to support our team!

BTCUSD H8: 20% correction 17 500 USD BEST Level SHORT (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BTCUSD H8 chart review
::: compression in progress
::: distribution/limited upside here
::: short-term bounce(WEAK)
::: however HEAVY S/R at 21 000 / 22 000 USD
::: no upside in this market / RED November 2022
::: expecting major breakdown later this week
::: WEAK BOUNCE in progress now
::: expecting breakdown in November 2022
::: No upside / no valid setups for BULLS
::: Also STOCKS/NASDAQ - weak charts
::: get ready for FRESH wave of selling
::: BEARS should focus on SHORTING RIPS / SHORT at market
::: TP BEARS based on measured move 17 500 USD
::: No valid strategy for bulls in November
::: limited upside after FOMC today
::: heavy x4 rejection from overhead
::: sequence of lower highs as well
::: so expect RIPS/RALLIES to get sold
::: to complete the sequence
::: near 17 500 USD
::: recommended strategy: SHORT SELL 21/22000USD
::: BEARS TP1 18 500 USD TP2 17 500 USD
::: BEARS SHORT/HOLD from overhead resistances
::: expecting fresh DUMP
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/DUMP/17 500 USD
::: Sentiment short-term: BEARS/DUMP/17 500 USD

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment:

bro 15 years' experience and still calling bad trades

comment from one of the clowns

Comment:

dumped from my level boom

Comment:

FTX - just another boring scam, wow.
crypto space rekkt hard once again

Comment:

STRONG DUMP IN PROGRESS

Comment:

- Binance Taking Over FTX
- FTX secretly insolvent
- FTX withdrawals frozen
- BTC testing new lows
- Crypto Market CAP down 10%
- Alameda toast
- Binance planning to acquire FTX
- FTT down 80% going to ZERO
- CZ announces proof of reserves
- Su Zhu re-emerges
- Do Kwon and Martin Shkreli on UpOnly
- Coinbase temporarily down
- KUCOIN DOWN

Trade closed: target reached:

TARGET HIT CONGRATS IF YOU FOLLOWED